What is Clinical Decision Support System?
Clinical decision support is an important tool that provides information to the members of the care team which includes clinicians, nurses, patients, administrative staff or other members. The healthcare information obtained is filtered or targeted to a specific person or situation. CDSS is designed with an intention to improve care quality, avoid adverse events, and aids the care team members to be more efficient. As the volume of available data is increasing, the clinical decision support system has become an essential tool for healthcare providers. CDSS is widely used in pre-diagnosis, during diagnosis and post diagnostics as it helps the clinicians in making critical decisions.
What are the major applications of Clinical Decision Support System?
The major applications of Clinical Decision Support System includes patient safety, drug dosage calculations, obtaining the drug formulary guidelines, using severity indexes for specific illnesses, identifying reportable conditions based on EHR inputs, using time reminders for medication delivery or dosage changes, identifying needed preventive care screenings and accessing information or educational materials. Clinical decision support tools are designed in a way which suggests the type of test to be carried out, next steps for treatments, alert providers to available information they may not have seen, catch potential problems such as dangerous medication interactions.
Market Research and Market Trends of Clinical Decision Support System
Researchers from MIT developed a deep learning tool that uses bedside monitors, clinical notes, and other data sources to predict the condition of the ICU patients in order to alter their care plans for highly complex patients. As AI and machine learning are gaining a wide scope in healthcare, more and more CDS tools are being built based on these analytical methods.
Scientists from University of Pennsylvania have discovered a CDS tool that reduces the time to detect a life threatening infection sepsis, by 12 hours, which could save the lives of several individuals.be the difference between life and death for many individuals. It involves machine learning and the algorithm used data from approximately 160,000 patients for training and was further validated on a sample of 10,000 individuals.
In April 2018, Point of Care Decision Support, who are the leaders in the development and implementation of anticoagulation clinical decision support software announced the release of a new version of their AC software. This application was developed with the help of clinical thrombosis experts to address the complex challenges of managing both warfarin and non-vitamin K antagonist oral anticoagulants and enables healthcare provider teams to provide evidence based quality of care for patients on anticoagulants.
In April 2018, Apple announced that 39 health systems have signed on to enable access to patient’s health data through the company’s Health Record EHR patient data viewer. These companies are now able to view their health records from iOS devices including iPhones and iPads. The updated Health Records section within the Apple Health app allows patients to attain medical information from various healthcare organizations. The patients also receive notifications whenever their health data is updated and can further help to work with clinicians for better-informed clinical decision making.
MedCurrent has been qualified by the Centers for Medicare and Medicaid Services for its clinical decision support mechanism ‘OrderWise’. OrderWise is up to date and guides the healthcare providers to order the right imaging tests for the patients by obtaining information from Intermountain Healthcare, Sage Evidence-based Medicine & Practice Institute (SEMPI), National Comprehensive Cancer Network (NCCN) and the American College of Cardiology (ACC).
Who are the Major Players in Clinical Decision Support System market?
The companies referred in the market research report includes Alere Inc., Autonomy Corporation plc, Cerner Multum, Inc., EBSCO Industries, Inc., Elsevier Clinical Decision Support, Evidera/ Archimedes Inc., FirstDataBank, Inc. and more than 10 other companies.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2024.
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Table of Contents
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.2. Knowledge-based CDSS
184.108.40.206. Fuzzy Logic-Based
6.3.3. Non Knowledge-based CDSS
220.127.116.11. Artificial Neural Networks
18.104.22.168. Genetic Algorithms
7.2. Alerts and Reminders
7.3. Diagnostic Assistance
7.4. Documentation forms
7.5. Order creation facilitators
7.6. Protocol support
7.7. Image Recognition and Interpretation
7.8. Prescription Decision Support
7.9. Information Retrieval
7.10 Therapy Critiquing and Planning
8.3. During diagnosis
8.4. Post- diagnosis
9.2. Stand Alone Devices
9.3. Integrated Systems
9.3.1. Integrated CPOE with CDSS
9.3.2. Integrated EHR with CDSS
9.3.3. Integrated CDSS with CPOE and EHR
10.2. Passive CDSS
11.3. Web based
13.2. Application Revenue and Trends by type of Application
13.3. Application Segment Analysis by Type
13.3.5. Diagnostic centres
14.2. North America Market Research (Million / $Billion)
14.2.1. Segment type Size and Market Size Analysis
14.2.2. Revenue and Trends
14.2.3. Application Revenue and Trends by type of Application
14.2.4. Company Revenue and Product Analysis
14.2.5. North America Product type and Application Market Size
22.214.171.124. Rest of North America
14.3. Clinical Decision Support Systems - South America Segment Research
14.4. South America Market Research (Market Size -$Million / $Billion)
14.4.1. Segment type Size and Market Size Analysis
14.4.2. Revenue and Trends
14.4.3. Application Revenue and Trends by type of Application
14.4.4. Company Revenue and Product Analysis
14.4.5. South America Product type and Application Market Size
126.96.36.199. Costa Rica
188.8.131.52. Rest of South America
14.5. Clinical Decision Support Systems - Europe Segment Research
14.6. Europe Market Research (Market Size -$Million / $Billion)
14.6.1. Segment type Size and Market Size Analysis
14.6.2. Revenue and Trends
14.6.3. Application Revenue and Trends by type of Application
14.6.4. Company Revenue and Product Analysis
14.6.5. Europe Segment Product type and Application Market Size
184.108.40.206. Rest of Europe
14.7. Clinical Decision Support Systems – APAC Segment Research
14.8. APAC Market Research (Market Size -$Million / $Billion)
14.8.1. Segment type Size and Market Size Analysis
14.8.2. Revenue and Trends
14.8.3. Application Revenue and Trends by type of Application
14.8.4. Company Revenue and Product Analysis
14.8.5. APAC Segment – Product type and Application Market Size
220.127.116.11. South Korea
15.2. M&A's, collaborations, JVs and partnerships
16.2. Autonomy Corporation plc
16.3. Cerner Multum, Inc.
16.4. EBSCO Industries, Inc.
16.5. Elsevier Clinical Decision Support
16.6. Evidera/ Archimedes Inc.
16.7. FirstDataBank, Inc.
16.8. GIDEON Informatics, Inc.
16.9. IBM Watson
16.10. ICNet International Limited
16.12. Company 12
18.1.1. Company Expert Interviews
18.1.2. Industry Databases
18.1.4. Company News
18.1.5. Company Annual Reports
18.1.6. Application Trends
18.1.7. New Products and Product database
18.1.8. Company Transcripts
18.1.9. R&D Trends
18.1.10. Key Opinion Leaders Interviews
18.1.11. Supply and Demand Trends